Income & Economy in Wakefield city, MI (49968)
Median Income
$51,607
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+90
Wealth inflow
Population
2,305
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 90 for ZIP 49968 (Wakefield city, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 49968 (2020–Present)
Since 2020, population grew 7.4%, median income rose 16.9% (inflation-adjusted), home values increased 9.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $51,607 |
| Unemployment | 2.4% |
| Establishments | 54 |
| Employees | 481 |